On the 30th, at the Constitution and Justice Commission, the House approved the draft decree that ends double taxation for orange juice export to the United States (USA). The measure now goes to the plenary session. The proposal reduces taxation by suspending Internal Consultation Solution 2/19 of the Federal Revenue, which prevents the discount of freight, insurance, and foreign taxes on the price of the product. Deputy Alceu Moreira explained that the sector has already lost 50% of its market to Mexico since the implementation of the charge. Mexico has a free trade agreement with the US.
Source: FPA/Notícias Agrícolas (*Translated by Ia Niani)